Is the Paris Agreement fit for purpose?

Shaken Not Burned

Climate, society, sustainability literacy and transforming our world

Welcome to the latest episode of Shaken Not Burned.

When we’re talking about sustainability, we need to understand the drivers of change. One of the most important global frameworks is the 2015 Paris Agreement, often mentioned when discussing climate action. But exactly what is it and why does it matter? 

This week, Felicia talks to Dr. Harald Heubaum, chair of the Centre for Energy and Climate Policy at SOAS, University of London, to unpack this landmark international climate treaty, whether or not it will enable us to reach net zero and what that means for business and for individuals. 

From climate negotiations to corporate responsibility, this conversation unpacks the real challenges of global cooperation: nearly 200 nations with differing economic interests must negotiate emissions cuts, financial commitments, and sustainability strategies. Despite obstacles, progress is happening: companies and financial institutions are integrating climate risk awareness, adopting sustainable models, and pushing for greater transparency in emissions reporting.

Yet, barriers remain. Thousands of fossil fuel and agricultural lobbyists influence climate talks, while businesses investing in green technology face regulatory and financial hurdles. Local action also matters. When the U.S. federal government withdrew from the Paris Agreement for the first time in 2020, cities, states, and businesses continued implementing sustainability initiatives - and it's already looking as if that will happen again after Trump withdrew again this year.

This trend underscores the power of decentralised action and the role that individuals, at home or as professionals, can play in shaping corporate action and responses. A recent report from Workiva suggests that 97% of executives believe that sustainability reporting drives competitive advantage. This suggests we can expect a wave of support, even if regulations get watered down.

Ultimately, a just transition is going to require balancing economic growth with environmental responsibility and Giulia will be discussing this next week with Gosbert Chagula MBE at Startup Discovery School. With the financial sector increasingly recognising climate risk as a core business issue, now is the time for companies to rethink their strategies.

Reading materials:

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